What is ERP?
Enterprise Resource Planning (ERP) is the cohesive management of various central business practices engaged in a myriad of data management categories, such as finance, product and production planning, marketing and sales, manufacturing and materials and inventory management. A company depends on its data through IT and DevOps who are tasked with vital IT capital expenditure investments. IT key opinion leaders rely on ERPs to collect, store and interpret business data. Of course, security is essential and compliance is always an overriding factor.
Users of ERP solutions utilize integrated application management in their tasks of constantly updating and tracking data. ERPs enable the flow of information among all business departments and manage connections to vendors and business partners, for which users have a consistent need.
Enterprise system software is part of a multibillion-dollar industry producing components that support a variety of business functions. IT professional are proponents of ERP's because the products are flexible and known for ease of use. IT and DevOps professionals need the ERP to map and adapt within the company business model, and any ongoing IT changes. ERPs must meet requirements to connect to third party tools - especially BI. IT Central Station IT Professionals express that ERPs must have agile reporting and responsive analytics and decision support.
One IT Central Station member explained, “Supplier capable, supplier with methodology of implementation, user-friendly, integration, training, human resources and key users, infrastructure, gaps, support, migration, adherence to the company business, support for BI tools, good level of problem solving and updates, adherence to current tax regulations and changes. As a programmer, the biggest mistake that I find in projects is the lack of estimates of business gaps, confusing processes and project management.”